The cost of some socket-wrench sets from Taiwan is $10.36. Harbour Tool decides to use a markup of 25% on cost. Find the selling price of the socket wrench set.
Added by Brittany C.
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Step 1
To find the markup amount, we need to multiply the cost by the markup percentage. Markup amount = Cost * Markup percentage Markup amount = $10.36 * 0.25 Markup amount = $2.59 Show more…
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